Yesterday, the Obama Administration held a closed-door immigration conference, bringing together key members of Congress. It has been reported that this meeting focused on finding a way to push for comprehensive immigration reform in Congress this year. During the 2008 Presidential elections, then-candidate Barack Obama made a promise to take up …
A paper released today by the United Nations Environment Program and the World Trade Organization acknowledged that cap and trade legislation would be expected to have significantly harmful economic consequences, likely including a serious loss of international competitiveness. In response, governments considering such a policy would likely want to consider …
Barney Frank, Chairman of the House Financial Services Committee has suggested that Fannie Mae and Freddie Mac, the now bankrupt housing finance giants, should relax their lending standards. This suggestion is farcical. One’s immediate reaction after the laughter has subsided might well be, “will we never learn?” For many years, …
Yesterday, the non-partisan Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook and the news is grim. The preface opens, Under current laws and policies, rapidly rising health care costs and an aging population will sharply increase federal spending for Medicare, Medicaid, and Social Security. Unless increases in revenues …
What are Iranians protesting? Many Iranians were outraged by the alleged landslide re-election victory of President Mahmoud Ahmadinejad. Former Prime Minister Mir Hossein Mousavi, Ahmadinejad’s prime challenger, charged that the regime had tampered with the ballot count and had stolen the June 12 election from him and the Iranian people. …
Later today, the House of Representatives is slated to vote on the most convoluted attempt at economic central-planning this nation has ever attempted: cap and trade. The 1,200-plus page Waxman-Markey climate change legislation is nothing more than an energy tax in disguise that by 2035 will raise: Gasoline prices by …
[youtube]http://www.youtube.com/watch?v=0JTmYX9GSeU[/youtube]
American families would receive $5,000 and individuals $2,000 to buy health insurance if their employers didn’t offer it, according to new health reform legislation introduced yesterday by U.S. Sen. Jim DeMint (R-S.C.). In addition to providing families and consumers with vouchers, the Health Care Freedom Plan also: • Expands Americans’ …
